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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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0001204459-07-000118.txt : 20070125
0001204459-07-000118.hdr.sgml : 20070125
20070125104046
ACCESSION NUMBER: 0001204459-07-000118
CONFORMED SUBMISSION TYPE: 6-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20070125
FILED AS OF DATE: 20070125
DATE AS OF CHANGE: 20070125
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Corriente Resources Inc.
CENTRAL INDEX KEY: 0001345564
STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A1
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 6-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32748
FILM NUMBER: 07551587
BUSINESS ADDRESS:
STREET 1: 520-800 WEST PENDER STREET
CITY: VANCOUVER
STATE: A1
ZIP: V6C2V6
BUSINESS PHONE: (604) 687-0449
MAIL ADDRESS:
STREET 1: 520-800 WEST PENDER STREET
CITY: VANCOUVER
STATE: A1
ZIP: V6C2V6
6-K
1
ctqf6k012507.htm
FORM 6-K
Corriente Resources Inc.: Form 6-K - Prepared by TNT Filings Inc.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of January, 2007
Commission File Number 001-32748
CORRIENTE RESOURCES INC. |
(Translation of registrant's name
into English) |
|
520 - 800 West Pender Street,
Vancouver, British Columbia, CANADA V6C 2V6 |
(Address of principal executive
offices) |
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.
Form 20-F _____ Form 40-F X
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(1): ____
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(7): ____
Indicate by check mark whether
by furnishing the information contained in this Form, the registrant is also
thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.
Yes _____ No X
If "Yes" is marked, indicate below
the file number assigned to the registrant in connection with Rule 12g3-2(b):
82-_______________
DOCUMENTS INCLUDED AS PART OF THIS REPORT
![](corrf61.jpg) |
Disclosure
statements as required by National Instrument 43-101 are available at our
website www.corriente.com |
"NEWS RELEASE" |
For Immediate Release |
|
January 25, 2007 |
TSX: CTQ, AMEX: ETQ |
MIRADOR PROJECT TIMELINE EXTENDED
VANCOUVER, BRITISH COLUMBIA, January 25, 2007 - The Companys
accelerated Mirador project development plan was based on having key permits and
government agreements completed by this time (e.g., the Investment Contract).
Since the required agreements are still being processed and we are still under a
suspension order by the Ministry of Mines, the Board of Directors has elected to
minimize its current project obligations with suppliers of key long lead-time
components to the Mirador project. The Company is well supplied with capital in
excess of $CDN 120 Million in equity funds. Based on current information, it is
estimated that the start of production at Mirador will be delayed from late 2008
as planned to mid-2009, largely due to adjustments to long lead-time equipment
deliveries as a result of this decision.
Corriente has been in constructive discussions with the
incoming administration of Ecuadors President Raphael Correa regarding the
resumption of fieldwork at the Mirador project site (see the companys News
Release dated December 8, 2006). While the Government has indicated support for
such resumption, it has yet to provide clear and sufficient indications of when
this will be achieved. Corriente will continue to meet with the Correa
Administration over the near term so that the goal of re-starting fieldwork can
be achieved as soon as possible.
Over the next few months, we expect to firm up a revised
project construction timeline and re-schedule equipment deliveries. In addition,
we will continue work on optimization of the Mirador project in such areas as
waste rock dump design, hydrology and environmental studies as well as other
areas of potential capital cost savings that have been identified in an
independent review of the project.
Ken Shannon, CEO, stated "We remain committed to our
stakeholders at the Mirador project and the nearby communities in Zamora
Chinchipe and Morona Santiago Provinces, especially the villages of Tundayme,
Valle de Quimi and the Shuar People of Zamora, with whom we have worked over the
last six years to improve their medical care, housing, education and employment.
Ultimately, it is our belief that the will of the local communities to provide a
better future for their children will be a deciding factor to proceed with the
development of responsible, long-term mining activities at Mirador".
ABOUT CORRIENTE
Mirador is one of the few new, sizeable copper projects
available for near-term production. Corriente controls a 100% interest in over
60,000 hectares located within the Corriente Copper Belt, Ecuador. The Belt
currently contains four copper and copper-gold porphyry deposits: Mirador,
Mirador Norte, Panantza and San Carlos. Additional exploration activities will
be ongoing, as six additional copper and copper-gold exploration targets have
been identified in the Corriente Copper Belt to date.
"Ken Shannon"
Kenneth R. Shannon
Chief Executive Officer
For further information, please contact Mr. Dan Carriere,
Senior Vice-President
at (604) 687-0449 or see our web site at
www.corriente.com.
520 800 West Pender Street, Vancouver, B.C. V6C 2V6
T (604) 687-0449 F (604) 687-0827 Email copper@corriente.com
![](corrf61.jpg)
Certain statements contained in this News Release constitute
forward-looking statements. Such forward-looking statements involve a number of
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the companys plans to materially
differ from any future results, performance or achievements expressed or implied
by such forward-looking statements. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the date
the statements were made, and readers are advised to consider such
forward-looking statements in light of the risks set forth in the companys
continuous disclosure filings as found at www.sedar.com.
520 800 West Pender Street, Vancouver, B.C. V6C 2V6
T (604) 687-0449 F (604) 687-0827 Email copper@corriente.com
SIGNATURES
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
|
CORRIENTE RESOURCES INC. |
|
|
(Registrant) |
|
|
|
Date: January 25,
2007 |
|
By: |
/S/ DARRYL F. JONES |
|
|
Name:
Darryl F. Jones |
|
Title:
Chief Financial Officer |
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